tag:blogger.com,1999:blog-3758330678390419129.post2466642875138175464..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Average Fine For Noncompliance With ObamaCare Is $1130Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-86067785648838110812015-04-17T14:03:03.242-04:002015-04-17T14:03:03.242-04:00I'm assuming that like all things owed to the ...I'm assuming that like all things owed to the IRS, that penalties & interest will accrue until it's paid...also, sadly...it doesn't take much to imagine that as those owing for the fine/tax increases in number and amount owed, steps will be taken to further penalize them eventually as government scrambles for more cash every year....I'm sure eventually the IRS will have its Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-46139257001106623042015-04-17T14:00:08.326-04:002015-04-17T14:00:08.326-04:00I believe it's half the normal penalty for eac...I believe it's half the normal penalty for each dependent under 18. So if you are uninsured and in the gap where you don't get a subsidy(or not enough to afford coverage) and have two kids, it's actually 2% for you. Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43761112408980885572015-04-17T12:32:48.221-04:002015-04-17T12:32:48.221-04:00Is it another $95 or 1% for each dependent?
What...Is it another $95 or 1% for each dependent? <br /><br />What a wonderful combination: tax "laws" and insurance.AlexZouglehttps://www.blogger.com/profile/09903419350475485505noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-53822173159838061602015-04-16T23:27:02.421-04:002015-04-16T23:27:02.421-04:00You get gigged for having dependents not insured a...You get gigged for having dependents not insured as well....so I'm assuming that accounts for a great % of those paying more than the average 1% of income.<br /><br />The ACA is pretty heinous.Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-76367197760567480872015-04-16T20:42:41.663-04:002015-04-16T20:42:41.663-04:00Also the worse the IRS can do if you don't pay...Also the worse the IRS can do if you don't pay the fine is withhold your refund.Anonymoushttps://www.blogger.com/profile/11942788461808710626noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-68550246067014246892015-04-16T17:15:52.321-04:002015-04-16T17:15:52.321-04:00It's a tax, not a fine (John Roberts said).It's a tax, not a fine (John Roberts said).geoihhttps://www.blogger.com/profile/06228052543574335663noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-90252273855160559182015-04-16T16:17:57.706-04:002015-04-16T16:17:57.706-04:00Higher of $95 or 1% of "income" for not ...Higher of $95 or 1% of "income" for not purchasing qualified insurance.<br />$1,130 average paid for failing to purchasing qualified insurance. <br />$1,130 is 1% of $113,000.<br />$113,000 is the average "income" of those who did not purchase qualified insurance?AlexZouglehttps://www.blogger.com/profile/09903419350475485505noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-35694263557464667452015-04-16T15:35:08.198-04:002015-04-16T15:35:08.198-04:00Good job America, how's that affirmative actio...Good job America, how's that affirmative action president working for ya?Miguel D'Anconiahttps://www.blogger.com/profile/15650695642051943261noreply@blogger.com